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March 6, 2026
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PMLA investigation prompts raids at locations linked to corporate group; company denies premises were targeted.
Enforcement Directorate teams conducted coordinated searches at multiple locations linked to a corporate group under a PMLA probe into alleged bank loan fraud and associated money laundering, with parallel allegations of financial irregularities under FEMA. The agency has filed three money laundering cases and formed a special investigation team; the principal individual has been questioned twice. The company denies any raids at its offices.
March 6, 2026
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NBFC middle layer classification underscores diversified funding through multiple debt instruments and strengthened risk and tech-based underwriting.
The company, an RBI registered NBFC categorised as an NBFC middle layer under Scale Based Regulations, emphasised technological underwriting, risk management, and collections platforms to support disciplined scaling. Since April 2025 it mobilised diversified capital across instruments including Non Convertible Debentures, Commercial Papers, Term Loans, Securitisation, Direct Assignment and Co Lending Arrangements to strengthen its capital base while prioritising sustainability and asset quality.
March 6, 2026
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Export-oriented agriculture: scale high-value production, strengthen missions, technology and market linkages for global competitiveness growth.
Transition agriculture to an export-oriented model by scaling high-value crop production, strengthening value addition, processing and storage, and aligning output with global quality and branding standards through national missions, budgetary support and coordinated engagement of experts, industry and farmers; promote chemical-free natural farming and crop diversification to access global markets and mitigate risks.
March 6, 2026
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Money laundering investigation triggers Enforcement Directorate searches at company locations, probing alleged bank loan fraud and FEMA irregularities.
Enforcement Directorate teams searched multiple locations linked to Reliance Power Ltd. and its executives in Mumbai and Hyderabad in an investigation into alleged money laundering connected to suspected bank loan fraud and related financial irregularities under the Foreign Exchange Management Act. The ED has filed multiple money laundering cases against the group, constituted a special investigation team on the Supreme Court's direction, and has questioned the principal corporate figure under the anti money laundering law.
March 6, 2026
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Pay commission representations invited for stakeholders; online submissions required by deadline, paper copies may be disregarded.
The Eighth Central Pay Commission invites representations from employees, pensioners, associations and organizations through a prescribed structured memorandum format available on innovateindia.mygov.in and 8cpc.gov.in, with online submissions to be received up to 30th April, 2026; paper-based copies, emails or PDFs submitted by other means may not be considered.
March 5, 2026
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Currency intervention stabilizes local currency amid geopolitical-driven oil price shock and capital outflows.
Central bank intervention to curb exchange-rate volatility is identified as the primary operative mechanism: suspected Reserve Bank purchases supported a rebound in the rupee, with the RBI expected to sterilise these operations to maintain liquidity. Geopolitical conflict and rising crude prices increased import-cost risk and safe-haven flows, while a firm dollar and foreign portfolio outflows added depreciation pressure even as domestic equities recovered.
March 5, 2026
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Political risk insurance sought to secure maritime energy shipments, with premiums borne by contracting parties to maintain supply continuity.
India is seeking political risk insurance and financial guarantees from the International Development Finance Corporation to secure maritime transit for oil, LPG and LNG through the Strait of Hormuz; a dedicated corpus must be established before cover can be provided and premiums will be paid by contracting parties. The government is also diversifying suppliers and considering reprioritisation of domestic gas allocation to manage LNG shortfalls caused by route disruption and force majeure.
March 5, 2026
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Trade disruption risk from Strait closure threatens Indian tea exports and underscores maritime chokepoint vulnerability.
Escalating tensions in West Asia threaten India's tea exports by imperilling shipping through the Strait of Hormuz, a key maritime chokepoint for consignments to Gulf markets. A substantial share of Indian tea shipments to the Persian Gulf - notably consignments to the UAE, Iran and Iraq - transit this route, making export flows sensitive to any closure or suspension of passage. The Tea Association of India emphasises that recent export growth, driven by orthodox teas from Assam, is concentrated in markets served via the strait, increasing sectoral exposure to disruption.
March 5, 2026
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Climate innovation competition expands to Asia, with Singapore hosting finals and partners supporting early-stage green ventures.
Applications are open for ClimateLaunchpad 2026, which expands into Asia with Singapore hosting regional and Global Grand Finals. The programme offers a staged accelerator curriculum-mini-course, Boot Camp, coaching, national/regional pitches and a Global Grand Final-aimed at turning early-stage climate ideas into scalable ventures. Climate KIC partners with Better Earth Ventures and TPC/NO.17 Foundation to provide local delivery, systems-oriented support, capital linkage and ecosystem access, while long-term supporters such as Bank of America and Irish Aid bolster funding and market connectivity.
March 5, 2026
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Economic growth slowdown signals structural pressures; export strength and trade surplus reshape bilateral trade imbalances and strategy.
China's lowered GDP target signals slower, quality oriented growth due to structural domestic constraints - notably property market decline, unemployment and weak consumption - while policy focuses on technological innovation to raise productivity. At the same time, robust exports sustain a record trade surplus, producing rising bilateral trade imbalances as export strength contrasts with domestic weakness.
March 5, 2026
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Ease of doing business reforms streamline compliance, expand credit access, modernise customs and simplify tax certainty for investors.
The Union Budget 2026-27 and related policy measures present a coordinated reform package to enhance ease of doing business by reducing compliance complexity, improving tax certainty and rationalising penalties, expanding access to finance through credit guarantee schemes and a digital Credit Assessment Model, liberalising insurance sector investment norms, modernising customs and trade facilitation with AEO benefits and electronic cargo clearances, and consolidating regulatory frameworks including master directions and a unified securities code to improve predictability and transparency.
March 5, 2026
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GST-IBC interplay clarifies tax compliance and moratorium effects on statutory claims during insolvency resolution.
Interplay between GST and insolvency law addressed tax liability treatment, compliance by interim administrators and resolution professionals (fresh registration, return filing, availability of input tax credit), and the moratorium's effect on recovery; judicial authority was noted that claims not included in approved resolution plans may be extinguished. The relationship between insolvency processes and anti money laundering enforcement was examined, focusing on proceeds of crime, asset attachment during CIRP, jurisdictional friction with enforcement agencies, and statutory protections designed to preserve resolution objectives while reconciling PMLA enforcement with insolvency aims.
March 5, 2026
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Governance-first fintech infrastructure expands via enterprise expense cards, closed-loop clean mobility payments and premium leadership engagement.
Zaggle is shifting toward a governance-first fintech infrastructure model by integrating Corporate Expense Cards with its Spend Management Platform for marquee enterprises, deploying a closed-loop CNG fleet payment solution aligned with clean-mobility regulatory and operational requirements, and expanding premium engagement through its ZGolf leadership platform. These platform-led integrations prioritise real-time visibility, structured controls, compliance alignment and recurring enterprise wallet share rather than standalone transactions.
March 5, 2026
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RBI intervention stabilizes rupee amid strong dollar, rising crude and foreign fund outflows constraining gains.
Reports of Reserve Bank intervention supported a rebound in the rupee, with domestic equity buying also contributing; however, a strong dollar, rising crude oil prices and foreign institutional outflows continued to limit gains and pose downside risk to the currency and India's import bill.
March 5, 2026
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AI governance and process automation recognized for enabling responsible, scalable GenAI deployments and compliance improvements in banking.
LTM is recognized as a Leader in NelsonHall's NEAT Evaluation for GenAI & Process Automation in Banking based on its industry experience, investments in GenAI and agentic AI, and its BlueVerseTM platform. The platform supplies modular, composable agentic solutions and digital agents across banking segments, together with pre-built industry-specific AI agents, AI-enabled compliance and risk-monitoring tools, proprietary IP, partnerships, and AI governance to enable rapid, responsible deployment of AI for compliance, personalization, payments, and operational efficiency.
March 5, 2026
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Weekly petroleum price revision to preserve market liquidity and compensate fuel suppliers amid supply-route disruptions.
The government proposes immediate measures to keep markets liquid after Strait of Hormuz disruptions by shifting to weekly petroleum price revision, establishing a mechanism to compensate OMCs and refineries for surged insurance, freight and import premiums, and directing PSO to tender imports outside the Strait. Regulators will temporarily ration supplies to dealers and retailers based on an eight month sales track record to discourage hoarding, while considering mandatory work from home and alternative routing to maintain supply continuity.
March 5, 2026
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Energy security: Russia offers crude while India diversifies imports amid regional instability and external trade monitoring.
Russia affirms willingness to supply crude to India as West Asia instability and Strait of Hormuz disruptions threaten energy security. The article links recent military escalations to surging global prices, notes a fall in India's Russian oil purchases, and reports U.S. executive measures tying tariff relief to monitoring of India's Russian oil procurement. India emphasizes supplier diversification and protecting national interests in its procurement strategy.
March 5, 2026
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Regulatory frameworks evolving to support long-term value creation, prompting stronger governance and deeper domestic capital participation.
The IVCA Conclave 2026 focuses on aligning evolving regulatory frameworks and stronger governance standards with deeper domestic capital participation to support long-term value creation. Industry leaders, institutional allocators, and regulators will examine AIF growth, fund governance, liquidity pathways, and capital allocation priorities, with an emphasis on institutionalizing compliance and reporting practices that enable disciplined deployment and diversified exit mechanisms in India's alternate capital ecosystem.
March 5, 2026
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Inclusive finance expansion catalyses cooperative bank modernisation and AI-driven institutional transformation at national finance forum.
i-exceed Technology Solutions is Principal Partner of a national forum convening regulators, ministries, and financial stakeholders to accelerate inclusive finance, cooperative bank modernisation, and the emergence of AI-led financial institutions through three tracks focusing on cooperative banking, MSME capital access, and future AI-native systemic resilience, emphasising embedded finance, assisted banking models, and secure, scalable digital infrastructure to deepen credit access for underserved populations.
March 5, 2026
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RERA approval and statutory permits underpin award-winning residential project, emphasising sustainability, wellness certification, and compliance.
The Cascades Neopolis carries RERA approval (TS RERA No: P02400009538) and HMDA building permission (No: 003505/BP/HMDA/0728/SKP/2024); it emphasizes construction commencement, a planned handover timeline, and industry certifications-IGBC Platinum pre-certification and WELL Pre-Certification-as key compliance and performance credentials relied upon for award assessment and execution-readiness.

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What Is the Best Eco-Friendly Refrigerator to Buy This Summer?

March 9, 2026

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Pune, Maharashtra, India (NewsVoir) During summer, refrigerators work harder than usual. Rising temperatures and frequent door opening — whether to grab a cold drink or store leftovers — put extra pressure on the appliance. An eco-friendly refrigerator is designed to handle this better, consuming less energy and using eco-friendly refrigerants without compromising on cooling. Brands like Haier, LG, and Samsung offer a solid range of options for those looking to upgrade.

The good news is that upgrading doesn't have to mean a large one-time expense. The Bajaj Finserv Summer Sale makes it more affordable, with Easy EMI Loan of up to Rs. 5 lakh, seasonal discounts, and zero down payment on select models. Shoppers can head to their nearest Bajaj Finserv partner store — including Vijay Sales and Croma — to avail the financing options and take their new refrigerator home the same day.

Why eco-friendly refrigerators are worth considering? The BEE star rating is a reliable indicator of energy efficiency — the higher the rating, the lower the power consumption. Since a refrigerator runs 24/7 and is opened frequently, a higher-rated model can meaningfully reduce long-term electricity costs. Selecting the right capacity is equally important, as an oversized or undersized fridge consumes more energy than necessary.

Top eco-friendly refrigerators available in March 2026 Shoppers can compare features, capacity, and type on Bajaj Mall before visiting a nearby partner store to finalise the purchase.

• Whirlpool 205 WDE CLS Single Door Refrigerator (184L) • Price: Rs. 12,990 | EMI from: Rs. 859/month • Why it works: A compact 3-star model for small apartments — energy-conscious cooling without occupying too much kitchen space.

• Samsung Camellia Blue Single Door Refrigerator (223L) • Price: Rs. 19,990 | EMI from: Rs. 1,535/month • Why it works: Digital Inverter Technology adjusts compressor speed based on cooling demand, reducing energy consumption and noise.

• LG Smart Inverter Double Door Refrigerator (242L) • Price: Rs. 25,990 | EMI from: Rs. 1,542/month • Why it works: DoorCooling+ circulates cold air evenly across all shelves, maintaining consistent temperatures and reducing the compressor's workload.

• Samsung Convertible Double Door Refrigerator (322L) • Price: Rs. 34,990 | EMI from: Rs. 2,433/month • Why it works: Five convertible modes allow adjustment of the fridge-to-freezer ratio, avoiding energy waste when full freezer capacity is not required.

• Haier Side-by-Side Refrigerator (596L) • Price: Rs. 1,01,990 | EMI from: Rs. 5,200/month • Why it works: Twin cooling systems maintain independent temperatures across fresh and frozen sections, improving energy efficiency.

• LG InstaView Side-by-Side Refrigerator (635L) • Price: Rs. 2,06,499 | EMI from: Rs. 11,400/month • Why it works: Knocking twice on the glass panel lets users see inside without opening the door, reducing cold air loss. UV Nano technology keeps the water dispenser hygienic without additional energy use.

*Disclaimer The prices and EMIs mentioned may differ based on the variant, partner store, location, and promotional offer. Please visit your nearest partner store to find the latest offers and prices.

Limited-time offers on eco-friendly refrigerators • Whirlpool — Up to 30% off on models priced Rs. 10,000 – Rs. 1,71,000, with EMIs starting from Rs. 859/month • LG — Up to 50% off on models priced Rs. 10,000 – Rs. 2,05,000, with EMIs starting from Rs. 875/month • Samsung — Up to 50% off on models priced Rs. 10,000 – Rs. 2,05,000, with EMIs starting from Rs. 1,290/month Offers are limited-time and subject to change. Verify current availability at your nearest partner store.

How to buy a new refrigerator with Bajaj Finserv? Splitting the cost of a new refrigerator into monthly instalments makes the upgrade far more manageable instead of making a large one-time payment. During the Summer Sale, shoppers can enjoy the following benefits: • Browse on Bajaj Mall: Compare eco-friendly refrigerators by capacity, door type, star rating, and brand before visiting a store.

• Check pre-approved eligibility: The pre-approved loan limit can be verified on the Bajaj Finserv website using a registered mobile number and OTP verification.

• Find a partner store: Check shortlisted models at 1.5 lakh+ stores across 4,000+ cities.

• Check the model in person: In-store staff can assist with evaluating capacity, star rating, energy features, and build quality.

• Choose an EMI plan: Financing of up to Rs. 5 lakh is available through the Bajaj Finserv Insta EMI Card or Easy EMI Loan, with zero down payment on select models and tenures ranging from 1 to 60 months.

• Complete the purchase: Once approved, the transaction is processed instantly and the refrigerator can be taken home the same day.

With limited-time offers and exclusive deals during the Bajaj Finserv Summer Sale, March is a practical time to upgrade to an eco-friendly refrigerator.

About Bajaj Finance Limited Bajaj Finance Ltd. (‘BFL’, ‘Bajaj Finance’, or ‘the Company’), a subsidiary of Bajaj Finserv Ltd., is a deposit taking Non-Banking Financial Company (NBFC-D) registered with the Reserve Bank of India (RBI) and is classified as an NBFC-Investment and Credit Company (NBFC-ICC). BFL is engaged in the business of lending and acceptance of deposits. It has a diversified lending portfolio across retail, SMEs, and commercial customers with significant presence in both urban and rural India. It accepts public and corporate deposits and offers a variety of financial services products to its customers. BFL, a thirty-five-year-old enterprise, has now become a leading player in the NBFC sector in India and on a consolidated basis, it has a franchise of 69.14 million customers. BFL has the highest domestic credit rating of AAA/Stable for long-term borrowing, A1+ for short-term borrowing, and CRISIL AAA/Stable & [ICRA]AAA(Stable) for its FD program. It has a long-term issuer credit rating of BB+/Positive and a short-term rating of B by S&P Global ratings.

To know more, visit www.bajajfinserv.in.

(Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.). PTI PWR PWR PWR

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